Additional Liabilities definition

Additional Liabilities means the additional liabilities mentioned in Part I of Schedule G which are to be paid by the Allottee in addition to the Agreed Consideration/Total Price and shall also include any other additional amounts that may be required to be paid by the Allottee;
Additional Liabilities means the sum of the following:
Additional Liabilities is defined in Section 1.3(b).

Examples of Additional Liabilities in a sentence

  • Prior to execution of this Deed, the Purchaser has made payment of the Agreed Consideration and the Additional Liabilities mentioned in the Agreement.

  • In St Aldate’s, for example, over 90% of vehicle generated NOx emissions are from buses, with over half of these generated when vehicles are queuing or at bus stops.

  • When required, notification of response clarifications, document amendments and addendums will be emailed to the respondents via the Council tender portal.

  • When appropriate, the UPIC may request the MAC to install a prepayment or auto-denial edit.

  • In its submissions, Troy confirmed that it would have enough funds to cover its liabilities under the bid and the Additional Liabilities.


More Definitions of Additional Liabilities

Additional Liabilities means (i) any and all liabilities of the Company, contingent or otherwise (and for the avoidance of doubt (x) any amounts paid to current or former directors and officers of the Company in connection with the releases contemplated by Section 5.16 and (y) any amounts permitted to be paid under Section 4.1(b)(xv) of the Company Disclosure Letter), related to the business activities and operations of the Company prior to the Merger Effective Time, except as (but only to the extent) set forth as a quantified amount of liability set forth in Section 8.1(b)(ii) of the Company Disclosure Letter; it being understood and agreed for the avoidance of doubt that, with respect to any specific category of liability set forth on Section 8.1(b)(ii) of the Company Disclosure Letter, if the actual amount of such specifically-identified type of liability exceeds the applicable estimated amount set forth on Section 8.1(b)(ii) of the Company Disclosure Letter, then such excess amount shall be deemed to be part of “Additional Liabilities”; it further being understood that “Additional Liabilities” shall not include any liabilities fully insured against (but only to the extent in excess of any applicable deductible and below any payment cap) under Company’s insurance policies as in effect as of the Merger Effective Time; (ii) the expenses of the Avigen Representative (as set forth in Section 1.16) incurred in connection with this Agreement and (iii) the expenses of the Holder Representative (as defined in the agreement governing the Contingent Payment Rights and as set forth in Section 7.2 of such agreement) incurred prior to June 30, 2010.
Additional Liabilities means, in relation to any Liability, any money, debt or liability due, owing or incurred under or in connection with:
Additional Liabilities has the meaning given to it in clause 13.15;
Additional Liabilities means any and all other liabilities of the Group, actual or contingent, known or unknown, present or future incurred pursuant to the conduct of the Business up to the Completion Date but for the avoidance of doubt excluding:
Additional Liabilities in relation to any obligation or liability means any refinancing (in respect of the Senior Debt within the parameters set out in clause 4.2 (Limits on priority of Senior Debt) and in respect of the Mezzanine Debt within the parameters set out in clause 5.13 (Limits on Priority of Mezzanine Debt)), novation (not being a transfer permitted by the Finance Documents), refunding, deferral or extension of those liabilities;
Additional Liabilities shall have the meaning given to such term in Section 5.1 of this Agreement. Agreement. "Agreement" shall mean the Stock Purchase Agreement to which this Exhibit A is attached (including the Disclosure Schedule), as it may be amended from time to time. Annual Statements. "Annual Statements" shall have the meaning given to such term in Section 2.4 of this Agreement.
Additional Liabilities means the sum of the following ---------------------- without duplication: (A) the total cost, in excess of $285,000 (which amount, pursuant to Section 2.7 of the Disclosure Schedule, represents $200,000 in ----------- prepaid royalties and $85,000 in principal amount of note payable), that the Company is required to pay to terminate or modify the agreement between the Company and Interlogix as provided in Schedule 6.1(g) or (h), plus (B) the total --------------- --- cost that the Company is required to pay, as provided in Schedule 6.1(g) or (h), --------------- --- to acquire the intellectual property rights to the hardware developed by Xxxxxxxxxx for the Company, including without limitation the provisional patent application for "A Low-Cost Telephone Based Data Access Point for Home Security and Control," but excluding any payments made to Xxxxxxxxxx in the ordinary course of business under the terms of the Customer Hardware Development Agreement dated September 20, 2001, plus (C) the total cost, in excess of the tooling loan balance as of November 30, 2001 and accrued interest as of the Closing Date, that the Company is required to pay to terminate or modify the agreement between the Company and Imation as provided in Schedule 6.1(g) or (h), --------------- --- including any payments made other than an amount not to exceed $17,750.00 for reworking of certain units in inventory, plus (D) the total cost of any representation and warranty insurance obtained by the Company for the benefit of the Stockholders and/or the Principal Stockholders.